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Morgan Stanley

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  • LONDON/ MOSCOW, Aug 1- Mathematically Russia has enough reserves to hold out for at least two years before Western sanctions start to choke the economy, but it must avoid reawakening the "sleeping dragon" of investor panic.

  • Europe's investment banks resilient in retreat Friday, 1 Aug 2014 | 7:02 AM ET

    LONDON, Aug 1- Europe's investment banks are giving Wall Street a run for its money despite shrinking their trading arms more aggressively than U.S. rivals.

  • LONDON, Aug 1- Brent crude oil fell to a two-week low on Friday, slipping towards $105 a barrel as oversupply in the Atlantic basin and low demand outweighed worries over political tensions in the Middle East, North Africa and Ukraine. Worries over geopolitical risks to oil supply have eased despite escalating violence in parts of the Middle East and North Africa.

  • LONDON, Aug 1- Brent crude oil fell below $106 a barrel on Friday as oversupply in the Atlantic basin and low demand outweighed worries over political tensions in the Middle East, North Africa and Ukraine. Worries over geopolitical risks to oil supply have eased despite escalating violence in parts of the Middle East and North Africa.

  • DETROIT, Aug 1- The U.S. auto industry hasn't appeared so healthy for years. And yet, a minority on Wall Street and in the autos business are seeing reasons to be wary. Among those seeing a glass half empty is Morgan Stanley auto analyst Adam Jonas who says we may be heading towards what he terms "peak auto."

  • SINGAPORE, Aug 1- Brent crude held near $106 a barrel on Friday as ample supply continued to drag on prices a day after the benchmark posted its worst monthly performance since April 2013. U.S. crude futures for September delivery fell 16 cents to $98.01 a barrel, following a 6.8 percent decline last month, the biggest monthly loss since May 2012.

  • Final Glance: Banks companies Thursday, 31 Jul 2014 | 6:04 PM ET

    Bank of America Corp. fell$. 33 or 2.1 percent, to $15.25. Citigroup Inc. fell $1.08 or 2.2 percent, to $48.91. Goldman Sachs fell $2.89 or 1.6 percent, to $172.87.

  • The broker, Michael Horowitz of Los Angeles, also admitted to wrongdoing as part of the settlement, the SEC said. Horowitz, the SEC said, recruited people to help him steal personal health information from hospice and nursing home patients so he could designate them as annuitants and sell the products to wealthy investors.

  • TREASURIES-Prices stabilize on month-end demand Thursday, 31 Jul 2014 | 2:59 PM ET

    *Yield curve steepens from five-year lows. NEW YORK, July 31- Most U.S. "There is some month-end buying, both here and in Europe," said Dan Mulholland, managing director in Treasuries trading at BNY Mellon in New York.

  • UPDATE 4-Target names outsider as CEO after data breach Thursday, 31 Jul 2014 | 1:42 PM ET

    *Target appoints Pepsi executive Brian Cornell as CEO. July 31- Beleaguered retailer Target Corp named former PepsiCo and Wal-Mart executive Brian Cornell as CEO and chairman as it tries to regain customer confidence following a devastating data breach last year that hit earnings. Cornell, the first outsider to lead Target, has his work cut out.

  • *Yield curve steepens from five-year lows. NEW YORK, July 31- U.S. "There is some month-end buying, both here and in Europe," said Dan Mulholland, managing director in Treasuries trading at BNY Mellon in New York.

  • *Weekly jobless claims rise 23,000. WASHINGTON, July 31- U.S. labor costs recorded their biggest gain in more than 5-1/ 2 years in the second quarter and a gauge of trends in the jobs market fell to an eight-year low last week, bolstering the economy's outlook.

  • DETROIT, July 31- Delphi Automotive Plc reported stronger-than-expected second-quarter profit on Thursday, but offered a forecast for the third quarter that could fall short of analysts' expectations, and shares fell 0.4 percent in morning trading.

  • *Yield curve steepens from five-year lows. NEW YORK, July 31- U.S. "Starting with GDP yesterday, it certainly set things off," said Ira Jersey, an interest rate strategist at Credit Suisse in New York.

  • *Buyer sentiment, trading activity has improved- Cheung Kong. HONG KONG, July 31- Hong Kong property developers, recently vexed by a spate of government tightening measures, saw their earnings rebound in the first half thanks to robust demand.

  • TOKYO, July 31- Mitsubishi UFJ Financial Group reported a far milder quarterly profit decline than its main banking rivals as aggressive overseas expansion dulled the impact of perennially weak loan demand at home.

  • HONG KONG, July 31- Hong Kong property developers, recently troubled by a series of tightening measures, posted a strong rebound in first-half earnings as robust end-user demand propelled sales while home prices hovered near record highs.

  • TOKYO, July 31- Two of Japan's three biggest banks saw profits fall at double-digit rates in the first quarter as gains in the value of shares the banks' owned grew at a far slower rate than last year, when government pro-growth pledges sparked a share price surge.

  • Japan's MUFG Q1 profit falls 5.8 pct on Thai bank costs Thursday, 31 Jul 2014 | 3:23 AM ET

    TOKYO, July 31- Mitsubishi UFJ Financial Group Inc on Thursday said net profit fell 5.8 percent in April-June in part due to expenses after acquiring Thailand's Bank of Ayudhya PCL. MUFG, which owns about one-fifth of Morgan Stanley, reported net profit of 240.5 billion yen in April-June from 255.3 billion yen a year earlier.

  • July 30- General Electric Co's credit card unit, Synchrony Financial, raised $2.88 billion in the biggest initial public offering so far this year, the company said on Wednesday.